ACTIVITY TITLE
SEE-Clean Cooking: Clean Cooking SME Finance Facilitator (Bettervest)
Reported by
Netherlands Enterprise Agency NL-KVK-27378529 Government
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
Bilateral 1
Project-type interventions C01
Standard grant 110 Private Development Finance 30 Untied 2
Planned start date 2023-01-01
Planned end date 2024-07-01
Actual start date 2023-01-01
Actual end date 2024-12-31
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 3 )
PARTICIPATING ORG REFERENCE ROLE TYPE
Netherlands Enterprise Agency
Funding Government
Netherlands Enterprise Agency
Accountable Government
bettervest GmbH
Implementing Private Sector in Third Country
General
The Clean Cooking Small and Medium-sized Enterprises (SMEs) Finance Facilitator aims to mobilize finance by working with crowdfunding platforms to develop a portfolio of viable loans for SMEs in partner countries that operate in the clean cooking sector.Because little finance is available for locally owned companies needing capital between EUR 25,000 and EUR 250,000, the Clean Cooking SME Finance Facilitator aims to increase the availability of capital in difficult markets, and to increase cross-sectoral learning at a portfolio level and possible scaling of best-case practices and insights.During the pilot phase, RVO aims to work with three different crowdfunding platforms, each with a different focus and network, to maximise reach and insights. The duration of the pilot is between 18 to 24 months with a portfolio aiming eight to ten loans per crowdfunding platform.
policy marker( 1 )
CODELIST SIGNIFICANCE VOCABULARY DESCRIPTION
Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation principal objective OECD DAC CRS Principal (primary) policy objectives are those which can be identified as being fundamental in the design and impact of the activity and which are an explicit objective of the activity. They may be selected by answering the question "Would the activity have been undertaken without this objective?"
recipient country ( 19 )
NigeriaNG
6
RwandaRW
6
SenegalSN
6
Tanzania, the United Republic ofTZ
6
UgandaUG
6
BangladeshBD
5
Burkina FasoBF
5
BurundiBI
5
BeninBJ
5
EthiopiaET
5
GhanaGH
5
KenyaKE
5
CambodiaKH
5
LiberiaLR
5
MadagascarMG
5
MaliML
5
MalawiMW
5
MozambiqueMZ
5
Niger (the)NE
5
sector ( 5 )
OECD DAC CRS 5 digit1( 3 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Energy generation, renewable sources - multiple technologies23210
50
Small and medium-sized enterprises (SME) development32130
30
Energy policy and administrative management23110
20
GLOSSARY
Energy generation, renewable sources - multiple technologiesRenewable energy generation programmes that cannot be attributed to one single technology (codes 23220 through 23280 below). Fuelwood/charcoal production should be included under forestry 31261.
Small and medium-sized enterprises (SME) developmentDirect support to improve the productive capacity and business management of micro, small and medium-sized enterprises in the industrial sector, including accounting, auditing, advisory services, technological transfer and skill upgrading. For business policy and institutional support use code 25010. For business development services through business intermediary organisations (e.g. business associations; chambers of commerce; producer associations; incubators; providers of know-how and other business development services) use CRS code 250xx. For farm and agricultural development use code 31120.
Energy policy and administrative managementEnergy sector policy, planning; aid to energy ministries and other governmental or nongovernmental institutions for activities related to the SDG7; institution capacity building and advice; tariffs, market building, unspecified energy activities; energy activities for which a more specific code cannot be assigned.
SDG Goal7( 2 )
A value from the top-level list of UN sustainable development goals (SDGs) (e.g. ‘1’) http://reference.iatistandard.org/codelists/unsdg-goals
13
1
7
1
Financial Overview
Incoming Funds ( 1 )
Outgoing Commitment ( 1 )
Disbursement ( 4 )
Budget ( 1 )
Incoming Funds
Outgoing Commitment
Disbursement
Budget
Budget ( 1 )
START END TYPE STATUS VALUE
2023-05-08 2024-12-31 Original Committed 190,000
EUR
Budget
Transactions ( 6 )
Incoming Funds ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2023-05-08
190,000
EUR
Incoming Funds
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2023-05-08
bettervest GmbH
Other
190,000
EUR
Outgoing Commitment
Disbursement ( 4 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2023-05-25
bettervest GmbH
Other
102,600
EUR
2024-07-31
bettervest GmbH
Other
25,650
EUR
2024-11-14
bettervest GmbH
Other
25,650
EUR
2024-12-06
bettervest GmbH
Other
17,400
EUR
Disbursement